U.S. Equities Set Records on Heaviest Volume So Far This Year

U.S. stocks advanced as investors embraced President Donald Trump’s cooler rhetoric in a speech to Congress that was short on details and after comments by Federal Reserve officials that signaled the central bank may increase borrowing costs as soon as this month. The S&P 500 Index jumped 1.4 percent to a record 2,395.96 at 4 p.m. in New York, the biggest single-day advance since the election.